The blockchain space is continuously evolving, new projects are constantly coming up with innovative solutions that enhance its capabilities. One such project is Avorak AI (AVRK), a decentralized AI platform that leverages blockchain to provide efficient and secure AI solutions. AVRK successfully completed phase 1 of its initial coin offering (ICO), with significant contributions from MATIC and LUNA holders.
Polygon (MATIC)
Polygon is a layer-2 scaling solution for Ethereum that aims to increase transaction speed and reduce gas fees. The project has gained popularity in recent years due to its fast and affordable transactions. Its native token, MATIC, has become a favorite of traders and investors alike. However, the news of layoffs at Polygon Labs and concerns about the overall crypto market have led some MATIC holders to seek alternative investment opportunities. Avorak AI’s phase one ICO event saw contributions from Polygon holders, indicating that investors are looking for new and innovative projects that have the potential for growth and development despite the current market conditions.
Terra Classic (LUNA)
Terra classic’s investors are always cautious as a result of its crash last year and the problems that came with it. As such, LUNA holders are constantly looking for investments that guarantee their safety. Many of them have shifted their funds towards this AI crypto project because of its potential to generate higher returns and overall security.
Avorak AI (AVRK)
Avorak AI is the latest AI crypto project on the blockchain. Avorak combines the powers of artificial intelligence and cryptocurrency to offer solutions that are secure and reliable, with an aim of making life easier for all its users. Its AI-crypto integration gives it the capacity to securely store large amounts of data, provide enhanced security and privacy for its users, improve performance, increase transaction speeds, and reduce costs associated with transactions.
The advantages of Avorak’s AI-crypto integration and its rising popularity among cryptocurrency enthusiasts on Twitter and YouTube have made Avorak’s ICO a major topic of discussion.
Avorak’s ICO phase one success
Avorak’s 1st phase of ICO had AVRK, its native coin, at $0.060. It also offered investors a 10% bonus. It was an instant success, with Avorak gaining a triple-digit holder count over just a weekend. The ICO is currently in phase 2, and 1 AVRK is $0.105. This indicates a 75% increase in the token’s price. More investors continue to invest in order to get the benefits of its ICO, including the 9% bonus offered at the present phase.
Avorak’s ICO benefits
One of the key benefits is the discounted price. Early investors will enjoy up to a 350% increase on their investments on launch day. Additionally, ICO participants benefit from priority staking, which gives them priority over open-market token holders when entering or leaving Avorak’s staking pools. ICO holders also receive closed beta product access, which allows them to engage in Avorak’s testing exercises before the public. This is a great opportunity for investors to assist Avorak in deep field learning, explore user interface controls, and provide feedback. With Avorak’s commitment to rewarding ICO participants, purchasing AVRK tokens through an ICO makes sense for investors seeking to become a part of a supportive community of AVRK holders while enjoying its many benefits.
Conclusion
Avorak AI looks set to continue blazing a trail in the world of blockchain-powered AI. Its successful phase one of ICO, with contributions from Polygon and Terra Classic holders, is a strong indication of the potential for growth and success of the AVRK token. With a strong team and innovative features like priority staking and closed beta product access, AVRK tokens obtained through ICO offer a range of advantages to early investors.
Want to learn more about Avorak and its ICO?
Website: https://avorak.ai
Whitepaper: https://avorak-labs-and-technology.gitbook.io/avorak-a.i-technical-whitepaper/
Disclosure: This is a sponsored press release. Please do your research before buying any cryptocurrency or investing in any projects. Read the full disclosure here.
Photo by Shubham’s Web3 on Unsplash
